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Wilbur Ross Could Soon Call It Mission Accomplished

Mark O'Hara
Wilbur Ross Could Soon Call It Mission Accomplished

With the Section 232 tariffs, the US Department of Commerce is aiming to improve the domestic steel industry’s capacity utilization rate. While releasing its Section 232 recommendations, it noted, “The quotas or tariffs imposed should be sufficient, even after any exceptions (if granted), to enable US steel producers to operate at an 80 percent or better average capacity utilization rate based on available capacity in 2017.”